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~~ <br />~11^ <br />~ ~~ <br />j ~ <br />~ ter. <br />~ ~rr_ <br />~ ~~ <br />CO ~~ <br /> r.: <br /> ~=-> rv1 <br /> ° ~ <br />F <br />r„ ~ ~, ; ~,C <br />~~ ~-- ~ <br />-, Iv ~ <br /> <br /> <br /> <br />~ 1~ r <br />~ Crti ~- rTt CJ ~.~ <br />ir1 ~ <br />W ~ <br />IZ ,r. rT <br />i N ~7 A C:rJ C~ CI°a <br /> ~ ` <br /> r <br />Ty C77 ~7 <br /> ~, ~ <br />A <br />H C <br /> F-+ -...- w.. <br /> ~ ~ GL7 <br /> <br /> <br />~ Cn-v <br />WHE RECORDED MAIL T0: ~ <br />Platte Valloy State Bank & Trust Company .2 ~ Cj <br />PVSB Grand Island Branch ;J <br />890 Allen Dr - Ia~P• L,tr~ 5I6~' <br />Grand Island NE 2. FOR RE RDER'S USE ANLY <br />D~~D OF TRUST <br />THIS DEED OF TRUST is dated August 25, 2010, among Jason A. Hettler and Robin A. Rattler; as Husband <br />and Wifs ('"Trustnr"'1; Platte Valley State Bank & Trust Company, whose address is PVSB Grand Island Branch, <br />810 Allen Dr, Grand Island, NE 68803 (referred to below sometimes as "Lander" and sometimes as <br />"Beneficiary"); and Platte Valley State Bank & Trust Company, Whose address is 810 Allen Dr, Grand Island, <br />NE G8803 (referred to below as "Trustee"-. <br />CONVEYANCE AND GRANT. For valuable consideration, Trustor conveys to Trustee in trust, WITH POWER OF SALE, for the benefit of <br />Lender as Beneficiary, all of Trustor's right, title, and interest in and to the following described real property, together with all existing or <br />subsequently erected yr affixed buildings, improvements and fixtures; all easements, rights of way, and appurtenances; all water, water <br />rights and ditch rights (including stock in uffl•ifies with ditch or irrigation rightsl; and all other rights, royalties, and profits relating to the real <br />property, including without limitation all minex,als, oil, gas, geothermal and similar matters, (the "Real Property") located in Hall <br />County, State of Nebraska: <br />Lot One (11, Hettler Subdivision, Rall County, Nebraska <br />The Real Property or its address is commonly known as9,~465 W Husker Wwy, Waod River, NE 68883. The <br />Real Property tax identification number is 400471318. <br />FUTURE ADVANCES. In addition to the Note, this Deed of Trust secures all future advances made by Lender to Trustnr whether or not the <br />advances are made pursuant to a commitment. Specifically, without limitation, this Deed of Trust secures, in addition to the amounts <br />specified in the Note, all future amounts Lender in its discretion may loan to Trustor, together with all interest thereon. <br />Trustor presently assigns to Lender lafso known as Beneficiary in this Deed of Trustf all of Trustor's right, title, and interest in and tv all <br />present and future leases of the Property and all Rents from the Property. In addition, Trustnr grants to Lender a Uniform Commercial <br />Code security interest in the Personal Property and Rents. <br />TH15 DEED OF TRUST, INCLUDING THE ASSIGNMENT QF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAL <br />PROPERTY, IS GIVEN TO SECURE IAI PAYMENT OF THE INDEBTEDNESS AND IBI PERFORMANCE OF ANY AND ALL OBLIGATIONS <br />UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS DEED OF TRUST. THIS DEED OF TRUST IS GIVEN AND ACCEPTED ON THE <br />FOLLOWING TERMS: <br />PAYMENT AND PERFORMANCE. Except as otherwise provided in this Deed of Trust, Trustor shall pay to Lender all amounts secured by <br />this Deed of Trust as they become due, and shall strictly and in a timely manner perform all of Trustor's obligations under the Note, this <br />Deed of Trust, and the Related Oacuments. <br />POSSE5510N AND MAINTENANCE OF THE PROPERTY. Trustor agrees that Trustor's possession and use of the Property shall be <br />governed by the following previsions: <br />Possession and Use. Until the occurrence of an Event of Default, Trustnr may 11) remain in possession and control of the Property; <br />121 use, operate or manage the Property; and (3) collect the Rents trom the Property. <br />Duty to Maintain. Trustor shall maintain the Property in good condition and promptly perform all repairs, replacements, and <br />maintenance necessary to preserve its value. <br />Compliance With Environmental Laws. Trustor represents and warrants to Lender that: (11 During the period of Trustor's ownership <br />of the Property, there has bean no use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />Hazardous Substance by any person on, under, about or from the Property; 12) Trustor has no knowledge of, or reason to believe <br />that there has been, except as previously disclosed to and acknowledged by Lender in writing, (a) any breach or violation of any <br />Environmental Laws, (bl any use, generation, manufacture, storage, treatment, disposal, release or threatened release of any <br />Hazardous Substance on, under, about or from the Property by any prior owners or occupants of the Property, or Icl any actual or <br />threatened litigation or claims of any kind by any person relating to such matters; and 13) Except as previously disclosed to and <br />acknowledged by Lender in writing, (a) neither Trustnr nor any tenant, contractor, agent or other authorized user of the Property <br />shall use, generate, manufacture, store, treat, dispose of or release any Hazardous Substance on, under, about or from the Property; <br />and (bl any such activity shall be conducted in compliance with all applicable federal, state, and Incal laws, regulations and <br />ordinances, including. without !imitation all Environmental Laws. Trustor authorizes Lander and its .agents to enter upon the Property <br />to make such inspections and tests, at Trustor's expense, as Lender may deem appropriate to determine compliance of the Property <br />with this section of the Deed of Trust. Any inspections or tests made by Lender shall be for Lender's purposes only and shall not be <br />construed to create any responsibility yr liability on the part of Lender to Trustnr yr to any other person. The representations and <br />warranties contained herein are based an Trustor"s due diligence in investigating the Property for Hazardous Substances. Trustor <br />hereby 111 releases and waives any future claims against Lender for indemnity or contribution in the event Trustor becomes liable for <br />cleanup or other costs under any such laws; and 121 agrees to indemnify, defend, and hold harmless Lender against any and all <br />claims, losses, liabilities, damages, penalties, and expenses which Lender may directly or indirectly sustain or suffer resulting from a <br />breach of this section of the Deed of Trust or as a consequence of any use, generation, manufacture, storage, disposal, release or <br />threatened release occurring prior to Trustor's ownership or interest in the Property, whether or not the same was or should have <br />been known to Trustor, The provisions of this section of the Deed of Trust, including the obligation to indemnify and defend, shall <br />survive the payment of the Indebtedness and the satisfaction and reconveyance of the lien of this Deed of Trust and shall not be <br />affected by Lender's acquisition of any interest in the Property, whether by foreclosure or otherwise. <br />Nuisance, Waste. Trustor shall oat cause, conduct or permit any nuisance oar commit, permit, or suffer any stripping of or waste on <br />or to the Property or any portion of the Property. Without limiting the generality of the foregoing, Trustor will not remove, or grant to <br />any other party the right to remove, any timber, minerals (including oil and gasl, coal, clay, scoria, soil, gravel or rock products <br />without Lender's prior written consent. <br />Removal of Improvements. Trustor shall not demolish or remove any Improvements from the Real Property without Lender's prior <br />written consent. As a condition to the removal of any Improvements, Lender may require Trustnr to make arrangements satisfactory <br />